TribeofZero.com #CapitalAdvantage RAISING CAPITAL: Tips From a Serial Angel & Deal Junkie by Alixe Cormick Angel Investor; Member of: Kieretsu Forum, Vancouver Angel Technology Forum (Vantec), and various advisory boards; and a corporate securities lawyer October 22, 2015 Capital Advantage
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Raising Capital: Tips from a Serial Angel & Deal Junkie
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TribeofZero.com #CapitalAdvantage
RAISING CAPITAL: Tips From a Serial Angel & Deal Junkie
by Alixe CormickAngel Investor; Member of: Kieretsu Forum, Vancouver Angel Technology Forum (Vantec), and
various advisory boards; and a corporate securities lawyer
October 22, 2015Capital Advantage
Disclaimer
• Information purposes only: The materials and information contained in this presentation are intended to provide information (not advice) about equity crowdfunding and related matters. You should not act on this information presented without first consulting with an attorney.
• No Attorney-Client Relationship Created: This information on this presentation is not intended to create, and receipt of it does not constitute, an attorney-client relationship having been created by us with you or anyone else. Do not send us confidential information until you speak with us and receive our authorization to send that information to us. The act of talking to us informally or sending an email to us will not create an attorney-client relationship. If you are not currently a client of Venture Law Corporation, your email will not be considered privileged and may be disclosed to other persons. We promise, however, to keep your name confidential unless you tell us otherwise when talking to any regulators or third parties about securities law matters.
• No Warranties: The information provided in this presentation is provided “as is”. We make no warranties, representations, or claims of any kind concerning the information presented is complete. We are not responsible for any errors or omissions in the content of this presentation or for damages arising from the use of the information provided under any circumstances.
@AlixeCormick#CapitalAdvantage
Outline of Discussion
• Your Initial Capital Structure
• Create a Solid Capital Raising Plan
• Find Investors
• Must Haves for Businesses Looking for Investors
• Your Pitch Deck
• Deal Breakers
• Understanding the Investment Process
• Last Minute Tips
Capital Advantage
Your Initial Capital Structure:Pre-Outside Capital
• Rough guideline for tech & biotech
• Founders: 80%-90%
• Team Members: 10%-15%
• Advisors: 1%-3%
• Compensate for value not hours worked!
• Put in writing and use vesting agreements
Capital Advantage @AlixeCormick#CapitalAdvantage
Your Initial Capital Structure:Pre-Outside Capital - Pricing
• Skin in the game
• Shares issued for less than $0.01 makes a Canadian IPO less likely
• Effect on pricing when looking for outside capital